After achieving a staggering 30 percent growth during the pandemic year 2021-22, the government has almost doubled the target for India’s plastics exports for the period 2024-25.
Despite Covid-related lockdowns at the beginning of the financial year, 2021-22, and supply chain disruptions thereafter, exports not only recovered in the second half but thrived and witnessed an emphatic growth. Consequently, India’s plastics exports which hovered between US$ 9 and 11 billion for the past several years, jumped sharply to US$ 13 billion in the financial year 2021-22.
Encouraged by this performance, India’s Commerce and Industry minister Piyush Goyal set a target of US$ 16 billion for the current financial year i.e. 2022-23, and US$ 25 billion for the financial year 2024-25.
While speaking on the sidelines of the Export Excellence Award hosted by the Plastics Export Promotion Council (Plexconcil), Goyal said on Saturday, “The Indian plastics industry has done well on the exports and domestic fronts and contributed significantly during the pandemic, particularly in supporting healthcare supplies to the country. The central government was supporting the plastics manufacturers, particularly to ensure that more Medium, Small, and Medium Enterprises (MSMEs) should take the advantage of national and global market opportunities and provide more job opportunities to marginalized sectors.”
The Commerce and Industry Minister also urged the stakeholders of the Indian plastics industry to upgrade technology, equipment, and capacities to manufacture world-class, quality products and grab global opportunities for plastics to become the prime player. Goyal also stressed the need for sustainability by engaging in environment-friendly practices for plastics recycling.
Emphasizing the need for India to become 'aatmanirbhar', the minister exhorted the plastics industry to reduce import dependence and become the world’s premium supply hub. With a significant growth potential exists, Goyal asked the industry to continue its growth momentum in the future also.
The Indian plastics industry recorded a total volume of imports worth US$17 billion, around US$4 billion higher than the total value of exports. This means, there is a clear market for the domestic industry not only to capture the local markets with import substitution but also to accelerate exports.
“With an economy growing at 7-8 percent for the next 25 years, I am sure making the plastics industry a US$ 100 billion industry in the next 4-5 years is very much achievable. We must aspire to reach that level,” said Goyal.
The Minister set a target for the domestic plastics industry to treble its size to Rs 10 lakh crore in the next 4-5 years from the level of Rs 3 lakh crore now. This tremendous growth will provide huge employment opportunities to the youth, especially in the MSME sector, with the potential to provide jobs to the aspirants from the marginalized sections who have been left behind in the development cycle.
Speaking to Polymerupdate, Arvind Goenka, Chairman, Plexconcil, said, “India has signed a duty-concessional trade agreement with Saudi Arabia and Australia recently and also in the process to sign a similar agreement with the Gulf Cooperation Council (GCC) region and other developed and developing nations. Trade agreements especially those of the Gulf countries would help us tap many African markets where we see a huge potential for growth in India’s plastics exports. The industry will strive to achieve all these targets set by the government, of course, with enabling policy support.”
Instituted to felicitate exporters who achieved remarkable growth in India’s plastics exports, the Export Excellence Award will certainly encourage recipients to increase the shipment of value-added plastics products. The award will also encourage other players to tap new potential customers in the overseas markets.
“On the exports front, the Indian plastics industry is targeting the traditional markets of North America and Europe and also the emerging markets like Africa, Latin America, and the Caribbean, the Oceania countries among others. But, there is an immense opportunity lies for the Indian plastics industry to explore business potential in other markets also,” said Sribash Dasmohapatra, Executive Director, Plexconcil.
With adequate impetus from the government, the plastics industry is transforming from a linear to a circular economy benefitting all stakeholders.
Source: =”https://www.polymerupdate.com/blog/plastic-news/2022-04-18-After-achieving-30-growth-in-FY22-govt-doubles-the-plastic-exports-target-to-$25-bn-for-three-years.aspx?id=1163066&year=2022″ target=”_blank” rel=”noopener”>www.polymerupdate.com
5,640 comments
зарплата сварщика в нн
Свежие вакансии в городе особенно востребованы в первые сутки. С учётом этого не стоит откладывать поиск работы на потом. На этом ресурсе вы можете посмотреть вакансии продавца без опыта работы в нижнем новгороде, от промышленности и логистики до торговли и услуг, и опередите других соискателей.
LawsonCah
Liked the way the post got out of its own way, and a stop at northwildtrading extended that invisible craft, the best writing you barely notice while reading because it is doing its work without drawing attention to itself and this site has clearly mastered that disappearing act across the pieces I have read.
PercyUrinc
Bookmark moved to my permanent reference folder rather than the casual maybe later folder, and a look at clicktolearnmore earned the same upgrade, the distinction between casual interest and lasting reference is something I track carefully and very few sites cross that threshold but this one did so without much effort apparently.
Eduardoadody
Solid endorsement from me, the writing earns it, and a look at heritagemerge continues to earn it across the broader site too, the kind of operation that maintains quality across many pages rather than just one viral post is a sign of serious commitment and that is what I see here clearly across what I read.
GilbertNer
Good clean post, no errors and no awkward phrasing that breaks the reading flow, and a stop at truepathbond kept the same standard, definitely the kind of editorial care that earns a return visit because it tells me the writer is paying attention to details that matter to readers rather than just rushing publication.
AdrianFes
Now organising my browser bookmarks to give this site easier access, and a look at intentionalprogress earned the same organisational priority, the small acts of digital housekeeping I do for sites I expect to use often are themselves a measure of trust and this site has triggered the trust based housekeeping behaviour from me clearly.
Randalldug
Nice and clean, that is the best way to describe the writing here, no clutter and no wasted words, and a quick visit to bondharbor kept that going, I appreciate when a site treats its readers like people who can think for themselves without needing constant hand holding through every paragraph.
Karlgok
Picked this up while looking for something else and ended up reading every paragraph because it was actually informative, and after valuebuyingpoint I was sure I would come back, that does not happen often when most sites bury the useful parts under endless ads and pop ups today and across most categories online.
true_zaEa
In the United Kingdom, True Fortune casino stands out as a trusted online gambling destination.
True Fortune offers an extensive range of slots covering every theme and volatility level.
Regular promotions include reload bonuses, cashback and free spin drops throughout the week.
Fast, transparent withdrawals mean winnings reach players without long delays.
true fortune free 250 chip no deposit for existing players [url=https://true-fortune-casino25.com/bonus-codes-for-existing-players/]true fortune free 250 chip no deposit for existing players[/url]
True Fortune promotes responsible gaming with limits, time-outs and support links.
Help is always at hand thanks to round-the-clock live chat support.
888starz_hxon
The official website ensures a safe, licensed environment that protects player data and funds.
More than 300 live casino tables with real dealers are available around the clock.
Players can bet on major competitions from the English league to the top tournaments in Egypt.
888starz highlights the latest bonuses and promotions available to players in Egypt.
The official site provides continuous support all day in multiple languages across several channels.
888starz apk [url=http://www.goldfein.cz]888starz apk[/url]
HaroldWhimb
Will share this on a forum I am part of where it will be appreciated by others working in the same area, and a look at wildshoreatelier suggests there is more here worth passing along too, definitely a generous resource that deserves a wider audience than it probably has today across the open internet.
MosesTweva
Now noticing the post fit a particular gap in my reading without my having articulated the gap before, and a look at brasslaneboutique extended that gap filling effect, content that meets needs I had not consciously formulated is content with reader insight and this site has clearly developed that anticipatory editorial sense across many pieces.
Chancejouro
Took a chance on the headline and was rewarded, and a stop at bondsteady kept the rewards coming as I clicked through, the kind of place where every link leads somewhere worth the click is a small luxury on the modern web where so many sites are mostly empty calories disguised as content.
SeanTette
Beyond the topic at hand this site reads as a small ongoing project of taking writing seriously, and a look at softwildflower reinforced that project quality, sites that treat publishing as an ongoing serious practice rather than as content production for traffic are sites worth supporting and this one has clearly chosen the serious approach.
SandyOrgar
Most of the time I feel the open web is in decline and then I find a site like this, and a stop at bondtrustix reinforced that mood lift, the cumulative effect of finding occasional excellent independent content versus the cumulative effect of finding mostly mediocre content is real for the long term reader maintaining web habits today.
LonnieBlush
The headings made navigating the post simple even when I needed to find a specific section quickly, and a look at harvestlumen continued the same thoughtful structure, small details like clear headings show that someone is actually thinking about how the reader uses the page rather than just filling it for length alone.
Bennieagisk
A quiet piece that did not try to compete on volume, and a look at coalitionbond maintained that selective approach, sites that publish less but better are increasingly rare in an environment that rewards volume and this one has clearly chosen quality cadence over quantity which is a brave editorial decision in current conditions.
BarryHaw
Reading this slowly and letting each paragraph land before moving on, and a stop at goldveinmarket earned the same patient approach, content that rewards slow reading rather than speed is content with real density and the writers here are clearly producing work that benefits from the careful eye rather than the rushed scan.
FinnVex
Just sat back at the end of the post and felt grateful that someone took the time to write it, and a look at growwithrightchoices extended that gratitude across more of the site, recognising effort behind quality work is part of what makes the open web a community rather than just a marketplace today.
ForrestVor
A piece that read smoothly because the writer understood how readers actually move through prose, and a look at northgrainoutlet maintained the same reader awareness, writers who think about the reading experience as much as the writing experience produce better work and this site has clearly made that shift in editorial approach.
Dravensuilt
Appreciated that the writer trusted the reader to follow along without constant restating of earlier points, and a look at quickbuyingmarket continued that respect for the reader, treating an audience as capable adults rather than as people to be hand held through every paragraph is something I notice and value highly across the open internet today.
Shanezen
Reading carefully here has reminded me what reading carefully feels like, and a look at smartshoppingdepot extended that reminder, the experience of careful reading versus skimming is different in ways I had partially forgotten and this site has clearly refreshed my memory of what attention feels like when content rewards it consistently.
EricHucky
During the time spent here I noticed the absence of the usual distractions, and a stop at bondmerit extended that distraction free experience, content that does not fight my attention with pop ups and modals and aggressive prompts is content that respects me and this site has clearly chosen the respectful approach throughout.
Kellyunren
Felt the writer did the homework before publishing, the references hold up, and a look at ikbarmeryansus continued that documented care, content with traceable claims rather than vague assertions is the kind I trust and the lack of bald assertion in this post is one of its quietly impressive qualities for me.
LowellNum
Now adding the homepage to my regular check rotation rather than waiting for individual links to find me, and a stop at nextgenshoppinghub confirmed the rotation upgrade, the move from passive discovery to active checking is a vote of confidence in a sites ongoing quality and this site has earned that active engagement clearly.
CesarTus
Worth recommending broadly to anyone who reads on the topic, and a look at windriveremporium only confirms that, the rare combination of accessibility and depth in this site makes it suitable for both newcomers and people who already know the area which is hard to pull off in any blog format today and rarely managed.
Darnelltok
Took the time to read every paragraph rather than skimming for the punchline, and a quick visit to goldthreadoutlet earned the same careful attention from me, that is the highest signal I can give about content quality because my default mode is rapid scanning rather than deliberate reading on most pages.
MarioArona
Recommended without reservation for anyone interested in the topic at any level of expertise, and a look at growthactivation only strengthens that recommendation, this site clearly knows how to serve readers across a range of backgrounds without watering down the content or talking past anyone in the audience which is genuinely impressive to see.
VirgilSkive
Decided to read more before commenting and the more I read the more I wanted to say something, and a stop at sunfieldemporium pushed that impulse further, when content provokes the urge to participate rather than just consume it is doing something quite specific and worth recognising clearly when it happens during reading.
Darrickdiany
Reading this prompted a small redirection in something I was working on, and a stop at emberfieldmarket extended that redirecting influence, content that affects my actual work rather than just my thinking has the highest practical impact and this site is providing that level of influence for me at a sustainable rate apparently.
Bradfordcon
Strong recommendation, anyone interested in this topic owes themselves a visit, and a stop at wildbranchoutlet extends that recommendation across more of the site, this is the kind of resource that makes me more optimistic about the state of the open web than I usually am these days actually for once which is genuinely refreshing.
Pomosh v polychenii grajdanstva Izrailya_pbsn
Люди, подскажите по личному опыту. А бюрократия эта государственная просто выносит мозг. А кто-то вообще без понятия, с чего правильно начать процесс пока чисто случайно не протестировал единственную команду, которая берется за сложные случаи и обеспечивает полное сопровождение от поиска корней до получения паспорта. Через 2 месяца успешно получили внутренние паспорта.
Кому тоже актуально оформить все документы быстро и легально, обязательно сохраняйте себе этот официальный ресурс подать на репатриацию в израиль [url=https://grazhdanstvo-izrailya-wgn.ru]https://grazhdanstvo-izrailya-wgn.ru[/url] Лучше сразу доверьтесь опытным профессионалам в этой сфере, обязательно перешлите этот пост тому, кто тоже сейчас серьезно думает о репатриации!
RonnieFlepe
Good clean post, no errors and no awkward phrasing that breaks the reading flow, and a stop at bondaxis kept the same standard, definitely the kind of editorial care that earns a return visit because it tells me the writer is paying attention to details that matter to readers rather than just rushing publication.
Hectoragele
Solid little post, the kind that does not need to be flashy because the substance is doing the work, and a look at trustnex kept that quiet confidence going across the site, this is what writing looks like when the writer trusts the content to land on its own without theatrics or unnecessary attention seeking behaviour.
Wilfredasync
Bookmark earned and the bookmark feels like a permanent addition rather than a maybe, and a look at totalshoppingcenter confirmed that permanent status, the difference between durable bookmarks and ephemeral ones is something I have learned to feel quickly and this site triggered the durable feeling almost immediately during my first read here.
WayneAbeva
Thanks for taking the time to write this, it is clear that some thought went into how each point would land, and after I went through buildlongtermvision I had a better grip on the topic, real value without the usual marketing noise people have to put up with online when searching for answers.
Marlontep
Big thanks to whoever wrote this, you saved me a lot of time hunting for the same info on other sites, and a stop at softoakatelier only added more useful detail without going off topic, that kind of focus is honestly hard to come across these days when most posts wander everywhere.
Sethsnilk
This one is staying open in a tab for the rest of the day so I can come back and re read certain parts, and a look at urbanbuyingstore suggests I will be doing the same with a few more pages here too, this is going to be a deep dive over the coming hours.
Vivod iz zapoya na domy_liKi
Слушайте кто знает Близкий человек уже неделю в запое Жена в отчаянии Нужна срочная помощь на дому Короче, только это реально спасло — вывод из запоя недорого и эффективно Сняли ломку и стабилизировали состояние В общем, телефон и цены тут — снятие интоксикации на дому [url=https://lechenie.vyvod-iz-zapoya-na-domu-voronezh-xrt.ru]https://lechenie.vyvod-iz-zapoya-na-domu-voronezh-xrt.ru[/url] Не ждите пока станет хуже Перешлите тем кто в такой же ситуации
HermanGor
Thank you for being clear and direct, that simple approach saves so much frustration on the reader’s end, and a stop at buildmomentumonline only made me more sure of it, the rest of the content seems to follow the same pattern which is a great sign of consistent editorial care behind the scenes.
CarlosKer
Reading this in segments because the day was busy, and the post survived the fragmented attention well, and a stop at stonepetalshop held up similarly under interrupted reading, content that can withstand modern distracted reading patterns rather than requiring a perfect block of focused time is increasingly the kind I prefer.
Cliffordbek
Thanks for the honest framing without exaggerated claims that the topic will change my life, and a stop at findsmarteroptions kept the same modest tone, restraint in marketing language signals trustworthiness and the writers here are clearly playing the long game by building credibility rather than chasing immediate clicks through hyperbole.
Pomosh v polychenii grajdanstva Izrailya_brol
Люди, подскажите по личному опыту. То нотариальные переводы документов оформлены неправильно, Кто-то больше года собирает справки о родственниках по всей стране до тех пор, не протестировал единственную команду, которая берется за сложные случаи и обеспечивает полное сопровождение от поиска корней до получения паспорта. Итоговое собеседование прошло максимально гладко,
Кому тоже актуально оформить все документы быстро и легально, вся полезная инфа выложена вот здесь получение гражданства израиля репатриация [url=https://grazhdanstvo-izrailya-lvy.ru]https://grazhdanstvo-izrailya-lvy.ru[/url] Обходите стороной сомнительных посредников и выбирать надежную поддержку. обязательно перешлите этот пост тому, кто тоже сейчас серьезно думает о репатриации!
Charliebam
Now appreciating that the post did not try to imitate any other style I might recognise, and a stop at moonveilgoods continued that distinct voice, content with its own register rather than borrowed from elsewhere is content with real authorial presence and this site has clearly developed that presence through what feels like patient editorial work.
Timfally
Highly recommend to anyone looking for a sensible take on this topic without the usual marketing nonsense, and a look at createforwardprogress kept that grounded approach going, sites that stay focused on serving readers rather than monetising every click are rare and this is clearly one of those rare ones I really appreciate finding.
CameronRar
However selective I am about new bookmarks this one made it past my filter, and a look at timberechoemporium confirmed the bookmark was worth the slot, the precious slots in my permanent bookmark folder are difficult to earn and this site earned one without making me think twice about whether the slot was justified by the quality.
MylesteK
Probably this is one of the better quiet successes on the open web at the moment, and a look at cinderlaneemporium reinforced that quiet success quality, sites that are doing well without making a noise about doing well are the sites I most respect and this one has clearly chosen the quiet success path consistently throughout.
Tannermup
Started reading expecting to disagree and ended mostly nodding along, and a look at buyinghubonline continued the pattern, content that wins agreement through evidence and reasoning rather than rhetorical force is the kind that actually shifts minds and this site clearly knows how to do that across what I have read so far.
Brettled
Honestly slowed down to read this carefully which is not my default, and a look at bondkeystone kept me in that careful reading mode, the kind of writing that demands attention by being worth attention is rare in a media environment full of content engineered to be skimmed not read with any real focus today.
Andrebal
Approaching this site through a casual link click and being surprised by what I found, and a look at reliableonlinebuys extended the surprise, the rare experience of stumbling into excellent independent content rather than predictable mediocrity is one of the actual remaining pleasures of casual web browsing and this site provided it cleanly.